Ola Electric’s Q1 loss narrows to ₹4.28 billion; auto unit reports positive EBITDA, boosting shares 5.2% to ₹41.9.

• Auto segment’s gross margin improves sharply to 25.6% from 13.8% in the previous quarter, supporting profitability.
• The company expects operating cash flow generation from the auto unit by FY26 as volumes and margins strengthen.
• Sales volumes are slightly above 65,000 units; Ola forecasts auto unit profitability in the upcoming quarter.